Item - 2017.BA55.1

Tracking Status

This item was considered by Bid Award Panel on December 20, 2017 and was adopted without amendment.

BA55.1 - Award of Request for Proposal No. 9105-17-7180 to Marsh Canada Limited for Insurance Broker Services

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Panel Decision

The Bid Award Panel adopted the following:

1. Bid Award Panel grant authority to award the contract in accordance with the Contract Details set out in the report (December 14, 2017) from the Director, Purchasing and Materials Management:

Call Number:

Request for Proposal No.9105-17-7180

Description:

Insurance Broker Services for the City of Toronto

Recommended Proponent:

Marsh Canada Limited

Contract Award Value:

$525,000 net of all applicable taxes and charges

$593,250 including HST and all applicable charges

$534,240 net of HST recoveries

Contract is expected to start on January 1, 2018 and end on December 31, 2020.

Origin

(December 14, 2017) Report from the Director, Purchasing and Materials Management

Summary

Call Issued: October 24, 2017 Call Closed: November 22, 2017

Number of Addenda Issued: One (1)

Number of Bids: Three (3)

Table 2: Summary of Proposals Received for RFP No. 9105-17-7180

Proponent
1. Aon Reed Stenhouse Inc.
2. Jardine Lloyd Thompson Canada Inc.
3. Marsh Canada Limited

Background Information

(December 14, 2017) Report from the Director, Purchasing and Materials Management on Award of Request for Proposal No. 9105-17-7180 to Marsh Canada Limited for Insurance Broker Services
https://www.toronto.ca/legdocs/mmis/2017/ba/bgrd/backgroundfile-109956.pdf

Motions

Motion to Adopt Item (Carried)

That the Bid Award Panel grant authority to award Request for Proposal No. 9105-17-7180 to Marsh Canada Limited for Insurance Broker Services, in accordance with the Contract Details set out in the report (December 14, 2017) from the Director, Purchasing and Materials Management, moved by David McLeod.